3onedata Gross Profit vs Selling General Administrative Analysis

688618 Stock   23.85  0.25  1.06%   
3onedata financial indicator trend analysis is way more than just evaluating 3onedata prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether 3onedata is a good investment. Please check the relationship between 3onedata Gross Profit and its Selling General Administrative accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in 3onedata Co Ltd. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Gross Profit vs Selling General Administrative

Gross Profit vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of 3onedata Gross Profit account and Selling General Administrative. At this time, the significance of the direction appears to have almost identical trend.
The correlation between 3onedata's Gross Profit and Selling General Administrative is 0.98. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of 3onedata Co Ltd, assuming nothing else is changed. The correlation between historical values of 3onedata's Gross Profit and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of 3onedata Co Ltd are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Gross Profit i.e., 3onedata's Gross Profit and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

Gross Profit

Gross profit is a required income statement account that reflects total revenue of 3onedata Co Ltd minus its cost of goods sold. It is profit before 3onedata operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Selling General Administrative

Most indicators from 3onedata's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into 3onedata current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in 3onedata Co Ltd. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
As of December 11, 2024, Tax Provision is expected to decline to about 7.5 M. In addition to that, Selling General Administrative is expected to decline to about 48.7 M
 2021 2022 2023 2024 (projected)
Interest Expense1.4M2.4M2.6M1.5M
Interest Income1.8M1.1M1.0M1.0M

3onedata fundamental ratios Correlations

-0.630.971.00.950.860.540.950.750.880.980.940.90.981.00.930.990.910.980.970.920.91-0.910.92
-0.63-0.44-0.66-0.54-0.38-0.59-0.470.0-0.57-0.7-0.33-0.35-0.47-0.64-0.42-0.67-0.73-0.73-0.67-0.45-0.510.46-0.45
0.97-0.440.950.950.860.360.980.860.870.910.990.971.00.960.980.940.850.90.910.970.95-0.960.97
1.0-0.660.950.940.850.570.930.730.870.990.920.880.961.00.911.00.910.990.980.90.9-0.890.9
0.95-0.540.950.940.70.290.980.80.980.870.920.970.950.950.980.910.960.880.850.960.96-0.930.97
0.86-0.380.860.850.70.640.760.750.540.890.880.720.870.850.740.880.580.860.920.730.69-0.770.73
0.54-0.590.360.570.290.640.260.160.170.680.340.140.40.540.210.620.340.690.680.170.16-0.180.16
0.95-0.470.980.930.980.760.260.820.940.870.960.990.980.951.00.910.90.860.870.990.98-0.960.99
0.750.00.860.730.80.750.160.820.70.660.920.870.850.750.850.710.610.650.650.810.76-0.810.81
0.88-0.570.870.870.980.540.170.940.70.780.830.930.870.890.940.840.980.80.750.930.95-0.890.93
0.98-0.70.910.990.870.890.680.870.660.780.880.80.930.980.840.990.851.01.00.830.83-0.830.83
0.94-0.330.990.920.920.880.340.960.920.830.880.950.990.930.960.910.790.860.880.940.91-0.940.94
0.9-0.350.970.880.970.720.140.990.870.930.80.950.960.91.00.850.860.790.80.990.98-0.960.99
0.98-0.471.00.960.950.870.40.980.850.870.930.990.960.970.970.950.860.910.930.960.95-0.950.96
1.0-0.640.961.00.950.850.540.950.750.890.980.930.90.970.930.990.920.980.970.920.91-0.910.92
0.93-0.420.980.910.980.740.211.00.850.940.840.961.00.970.930.890.890.840.840.990.98-0.960.99
0.99-0.670.941.00.910.880.620.910.710.840.990.910.850.950.990.890.890.990.980.870.87-0.870.87
0.91-0.730.850.910.960.580.340.90.610.980.850.790.860.860.920.890.890.880.820.880.91-0.850.89
0.98-0.730.90.990.880.860.690.860.650.81.00.860.790.910.980.840.990.880.980.820.82-0.820.82
0.97-0.670.910.980.850.920.680.870.650.751.00.880.80.930.970.840.980.820.980.830.82-0.830.83
0.92-0.450.970.90.960.730.170.990.810.930.830.940.990.960.920.990.870.880.820.831.0-0.991.0
0.91-0.510.950.90.960.690.160.980.760.950.830.910.980.950.910.980.870.910.820.821.0-0.981.0
-0.910.46-0.96-0.89-0.93-0.77-0.18-0.96-0.81-0.89-0.83-0.94-0.96-0.95-0.91-0.96-0.87-0.85-0.82-0.83-0.99-0.98-0.98
0.92-0.450.970.90.970.730.160.990.810.930.830.940.990.960.920.990.870.890.820.831.01.0-0.98
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3onedata Account Relationship Matchups

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Other Information on Investing in 3onedata Stock

Balance Sheet is a snapshot of the financial position of 3onedata at a specified time, usually calculated after every quarter, six months, or one year. 3onedata Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of 3onedata and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which 3onedata currently owns. An asset can also be divided into two categories, current and non-current.